Gate Crypto Flash News and Market Updates

According to Yonhapinfomax, South Korean banks' securitization of fixed-rate deposits has surged in recent weeks, with outstanding securitized debt rising from 56 trillion won in early July to 69.1 trillion won as of September 22, marking a 23.9% increase. Issuance volumes remain elevated, with 4.38 trillion won in securitized notes issued last week and 2.38 trillion won issued over September 21-22 alone. Issuing rates have also climbed significantly. According to KIS Credit Ratings, the 90-day

According to Onchain Lens, two seemingly-related addresses staked a combined 212,590 HYPE tokens on Sept 23. The total staked amount is valued at approximately $20.49 million. One address holds 106,410 HYPE (about $10.25M), while the other holds 106,180 HYPE (about $10.24M).

According to Jin10, on September 23, China's Ministry of Commerce, National Bureau of Statistics, and State Administration of Foreign Exchange jointly released the 2025 Annual Report on China's Outbound Direct Investment, providing a comprehensive overview of the country's foreign direct investment activities throughout the year.

According to Cointelegraph, asset manager 21Shares launched two physical-backed crypto ETPs on Euronext Paris and Amsterdam on September 23, including Europe's first Zcash (ZEC) ETP and an Ether.fi (ETHFI) governance token ETP. Both products are backed by custodied spot tokens, allowing investors to gain exposure without directly holding the assets, with an annual management fee of 2.5%, significantly higher than most European Bitcoin and Ethereum products.

On September 23 morning session, Shanghai Gold Exchange gold T+D futures rose 0.5% to 940.0 yuan per gram, while silver T+D futures climbed 1.74% to 16,297.0 yuan per kilogram.

According to Tokyo foreign exchange market data on September 23, the Japanese yen opened at approximately 1 U.S. dollar = 157.39 yen, up 0.06 yen from the previous close, as traders remained cautious over potential Bank of Japan intervention. The yen later traded at 157.50-157.51 yen per dollar by 9:45 a.m. local time, down 0.08 percent. The previous day, New York forex markets closed with the dollar at 157.35-157.45 yen per dollar amid broader risk sentiment shifts following discussions on U.S.

According to SEC Trading and Markets Director Jamie Selway on Bloomberg TV, tokenization and crypto have been recently politicized, but this is not their natural attribute. Selway stated that nations developing these markets should receive strong bipartisan support.

Finger announced on September 23 that it has signed a stock purchase agreement to acquire 100% stakes in SeahAFSI and S&G Holdings from Aramis Holdings Investment Corporation for 155 billion won. The transaction is scheduled to close on October 30. Finger will establish a special purpose company (SPC) named 'FG Investment 2' to hold the acquired stakes. Financing will comprise 42.9 billion won from Finger, around 20 billion won from financial investors via convertible preferred shares, and the r

According to Bloomberg, Heidi, an Australian AI startup automating clinical notes and administrative tasks for doctors, raised $340 million yesterday (Sep 22). The funding includes a $100 million Series C equity round led by existing investor Blackbird Ventures, valuing the company at $900 million, plus $240 million in debt-like financing from General Catalyst's Customer Value Fund. Heidi's software has been used in over 175 million patient visits, with plans to expand across Asia, the Middle Ea

According to Kyobo Life Insurance, Kyobo Asset Management (formerly Kyobo AXA Asset Management) completed its company name change on September 23 after acquiring the remaining 50% stake from BNP Paribas Asset Management Holdings for 107.5 billion Korean won. The acquisition concluded an 18-year joint venture that began in 2008. As part of its restructuring, the company launched the Power SK Group ETF, which invests in major SK Group listed companies, positioning ETFs as a core growth driver alon

According to the Bank for International Settlements, the Korean won's real effective exchange rate rose to 89.89 in August from 85.45 in July, up 5.2% and marking the second consecutive month of gains. The improvement moved South Korea's ranking from second-weakest to third among 64 BIS-tracked economies, as the won has weakened further from a record low of 83.04 in June. The BOK attributed the rebound to improved forex supply amid expanded current account surpluses and reduced foreign selling o

According to sources familiar with discussions, U.S. Treasury Secretary Bessent may be tapped as President Trump's AI czar, as reported by Guru Club on September 23. Trump previously announced plans to appoint a new AI czar and establish an AI task force, though details remain undisclosed. The Treasury Department declined immediate comment, and another source indicated no final decision has been made.

According to a joint report by IDC and Inspur (Chinese computing infrastructure provider) released on September 23, China's intelligent computing scale is projected to reach 2576.5 EFLOPS in 2026, representing year-over-year growth of 87.9%. The report further forecasts the scale will increase to 10,524.3 EFLOPS by 2030, with the compound annual growth rate for 2025-2030 revised upward to 50.3% from the previous forecast of 46.2%.

According to official announcement, Three Billion's stock surged 23% to 5,790 Korean won on September 23 after being selected as a collaborative research partner for South Korea's ARPA-H initiative ARISE. The AI-based rare disease diagnostics company was selected to participate in the rare disease drug development project, which will run through December 2030 with maximum research funding of 8 billion Korean won. Three Billion will leverage its genetic data analysis and AI capabilities to identi

According to Korea Exchange data, on September 23, the KOSPI Securities Index fell to 5017.55, down 13.3% from its August 13 peak of 5786.32. Daily average trading volume in Q3-Q4 totaled 52 trillion Korean won, a 43% decline compared to 91.1 trillion won in Q2-Q4, and credit balance dropped approximately 10%, weighing on brokerage commission revenue and margin trading interest income. Despite near-term earnings pressure, analysts note the decline has already priced in most concerns. Major broke

According to Token Terminal, Uniswap accounts for over 99% of Robinhood (HOOD) stock token DeFi deposits on Robinhood Chain. Uniswap v4 holds approximately $53 million, v3 around $25 million, and v2 about $173,700. The total deposits grew 532.8% over the past 30 days.

According to PANews, analyst Willy Woo argued on Sept 23 that presenting Bitcoin as "pristine collateral" favors lenders over borrowers. While traditional mortgage assets have opaque valuations and lengthy liquidation periods, Bitcoin's real-time pricing and on-chain settlement enable institutions to quickly trigger forced liquidations and collect penalties during price swings. Borrowers using volatile, continuously repriced assets as collateral face higher liquidation risk and additional fees.

According to Jin10, as of 08:45 on September 23, the CNEX money market sentiment index reported 49, down 2 points from 16:00 the previous day. Sentiment indices for major banks, mid-sized banks, and non-bank institutions stood at 47, 50, and 49 respectively, each declining 2 points.

According to Trader 余烬, a whale address purchased 15,000 ETH at $2,751 each, totaling $41.26 million, on September 23. The same address had previously bought 37,000 ETH two months ago through Galaxy Digital OTC at an average price of $1,923. The wallet now holds approximately 52,000 ETH with an average cost basis of $2,161 and unrealized gains of about $31.1 million.

According to the Korea Exchange, media and commerce company WisePlanetCompany surged 254.17% on its KOSDAQ debut today (September 23), with shares opening at 42,750 won versus an offering price of 12,000 won. The stock reached a session high of 46,000 won before settling near opening levels. The company raised approximately 3.55 trillion won through its public offering, which saw a subscription competition ratio of 1,478 to 1.